Software firms hit it big with venture capitalists to start off 2014.
New data from The MoneyTree Report shows that VC firms poured $133 million of a total $217.5 million invested in Q1 in the Washington, D.C., metropolitan region into software companies. And of that $133 million, $128 million went to just six companies, four of which were software firms.
The D.C. region represented in the report includes startups in Baltimore, edtech startup Citelighter and health IT startup WellDoc among them.
The report is from PricewaterhouseCoopers and the National Venture Capital Association based on data provided by Thomson Reuters.
Join our growing Slack community
Join 5,000 tech professionals and entrepreneurs in our community Slack today!
Donate to the Journalism Fund
Your support powers our independent journalism. Unlike most business-media outlets, we don’t have a paywall. Instead, we count on your personal and organizational contributions.
